This post is to address the practice of putting in stop loss orders. In case you didn't know the MM's have a tool called Level 3. This allows them to see all of the stop loss orders entered and also allows them to swoop in and buy up those orders, leaving you with NO shares. Now if you still want in, it will cost you more to repelimish said shares. Advice if you are worried about losing your money in this pit of the trading world, put your money in some bank CD and collect your 1%.